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��15�63�9
<br /> Proper�y Condition, Alteratians and Inspectaion. Trustor wYll keep the Praperty in bood condition and
<br /> make a11 repair� that are reasonabl� necessary. Trustor shall not �am�xut or ailow any waste, impairment, or
<br /> deteriaratron af the Property. Trustor agrees that thc nature of the accupancy and use wi11 not substantially
<br /> change �vithout Beneficiary's pr�.�r written cons�nt. Trus�or wr11 nnt permit any chang� Yn any l7cense,
<br /> res�ricti�e c�venant or easem�nt w7.thout Beneficiary's pr�or written consent. Trus�or v�Yll �atify �enefzci�ry
<br /> of alI demands,praceedings, claims, and actions aga.inst Trustor, and of any loss ar damag�t�the Property.
<br /> Ben�fi�iary or Benef�.czary's ag�nts may, at B�neficiary's�pt7an, enter the Property at any reasanal�le time for
<br /> the purpose af inspecting the Property. Benefic�ary shall g�ve Trustar notice a� the txme of or before an
<br /> inspectian specifying a reasanabl�purpose for the rnspec�ion. Any in�pec�ion of the Propear�y shali be entirely
<br /> far Benef�c�ary's benefit and Trustor wi11 in no way�re�y an Beneficiary's inspec�ion.
<br /> Author�ty t4 P�rform. If Trus�or fails t�perform any duty or any of the co�enant�conta�ned in this 5e�urity
<br /> Instrum�nt, Beneficiary ma�, wi�Ia.out natice, perform or cause them to b� perfarrned. Trus�or appoin�s
<br /> Beneficiary as a�torney in fact to sY�n Trustor's name ar pay an� a�noun� necessar� for performance.
<br /> Beneficiary's righ�to perform f�r Trustor shal� nat create an obligation to perf�rm, and Beneficiary's fai].ure
<br /> �o perform will not preclude Beneficiary fr�m exercising any of Beneficiary'� ather r�.gh�s under th� law or
<br /> this Security Instrument.
<br /> Le.�seholds; �ondomin�ums; Planned IJnxt Deveiopments. Trustor agrees ta �omp�y with the pravisions of
<br /> any lease if thzs Security �nstr�xment is on a leasehold. If the Property include� a wn�.t in a condominium or a
<br /> planned unit de�eXopment, Trustor w�xl perfarm aIl af Tru���r's duties u.nder �.he covenants, by-Iaurs, or
<br /> regulations of t�e condaminium or planned uni�develapment.
<br /> Candemnatf on. Tru�tor will give Beneficiary prompt notice of any pendinb or threatene�.a�txon, by private
<br /> or pubi�c ent�t�es tv purchase or take any or a1� of the Prap�rty through candemnation, �minen� damain, ar
<br /> any other means. TrusCor authoriz�s Beneficxary to intervene in Trustor's name in any of�he above described
<br /> ac��ons ar claims. Trustor assigns ta Beneficiary the proceeds of any award or claim for damages connected
<br /> wi�h a c�ndemna�ian or other takYng of a�.I ar any part af�he Property. Such proceeds shall �e considered
<br /> payments and will be applied as pro�ided in this Security In�trument. This assignm�nt of praceeds is subjec�
<br /> ta the terms af any prior martgage, deed of trust, security agreement or other��en do�ume�t.
<br /> Insurance. Trustar shall k�ep Property insured against loss by fzre, flo�d, theft and ather hazards and risks
<br /> reasonably ass�ciated�vith the Praperty due ta its type and la�atian. This insuran�e shall be mai.n�ained in the
<br /> amounts and for the periods that Beneficiary requ�res. What Beneficiary requYres pursuant to the preceding
<br /> twa sent�n�es can change during the term af the Secured I3ebt. The insurance carrier pro�Tidix�.b�he insuran�e
<br /> �ha.11 be ch�sen �� Trustor subj ect t� Beneficiary's appraval., which shall n�t be unreasanabiy withheld. If
<br /> Trustar fails ta maintain the c�verage described a�o��, Benefzciary may, at Beneficiary's ap�ion, obtain
<br /> �overage�o protec�Beneficiary's rights in�he Pro�erty accordYng�o the terms flf this Security In.strument.
<br /> A�1 insurance policies and renewals shall be ac�epta�Ie ta Beneficiaiy and shalx include a standard "mnrtgage
<br /> c�ause" and, where appl�cable, "loss payee ciause." Trus�or shall immediately notify Ben�frciary of
<br /> cancellation or termination of �he insurance. Benefi�iary shal.l have the rrght to hald the polxcies and
<br /> renewals. �f B�neficiary requires, Trustor shall immed�a�ely giv�to Benefi�iary a11.receip�s of pai.d premium�
<br /> and renewal natices. Upon�oss, Trustar shall give immediate not�ce to the insuranc�carri�r and Benefic�ary.
<br /> Beneficiary may make praof of�oss if nat made imrnediately by Trustor.
<br /> Unless otherwise agreed in writing, all insurance prac�ed� sha].1 be applied ta �he re�torati�n or repair of the
<br /> Property or to the Secured Debt, whether or no� then due, at Benefi�iary's option_ Any application �f
<br /> proceeds to princ�pa.1 shall not ex�end or p�stpon� the du� date af the scheduled payn�ent nor change the
<br /> amaun� of any payment. Any exc�ss wi�.I be paid to �he Trust�r. If the Property is acqu�red by Beneficaary,
<br /> Trustor's rzght to any insurance pfl�ic�es an.d proceeds resu�ting from damage to the Prop�rty before the
<br /> acquisition shaJ.X pass tfl Benefic�ary to the ext�nt of�h�Secured Debt immed�atexy before the acquisition.
<br /> Frnan�ia� Reports and Add�tianal Documents. Trustor wi11 pro�xde to �en�fi�xary upan request, any
<br /> financial statemen� or infarmation Beneficiaxy may d��m reasonably n�cessary. Trus�or agrees to sign,
<br /> deliver, and file any additional documents ar certr�cations that Benefic�ary may consider necessary to perfect,
<br /> �vntinue, and presenre Trustor's obliga�ions under this 5e�urity Instrument and Benef ciary's lien status �n
<br /> th�Property.
<br /> 5. W Y �F TITLE. Trustor warrants that Trustar is ar�vixl be laWfully �eized of the es�ate conveyed
<br /> �y this Security Ins�rum�nt and has the right to irr�vacably grant, convey, and sell the Properry to Trus�ee, �n
<br /> trust, with power of sa�.�. Trustar also warrants that the Property�s unencumbered, except for en�umbrances
<br /> o f recard.
<br /> 7. DUE �N SALE. Beneficiary may, at xts option, declare th� �n�ire balance of the �ecur�d Debt �o b�
<br /> immedxately due and paya�ie upon the creation af, or contract for�he �reation of, a transf�r ar sa�e of aIl or
<br /> any part of the Praperty. This right is subj ect t�th�restrict�ans imp�sed by federal. law �I2 C.F.R. �91}, as
<br /> appl�cabXe. '
<br /> 5ecurity Instrument-�pen-End-Cansumer-N� ❑CP-RE[3T-NE 7121�0'I'1
<br /> VMP�Hankers 5ystems� VMP-C��S[NEj i1�07f.0�
<br /> W�Iters Kfuwer Fi�ancial 5er�ices C��994,2D1'l Fage 3 of 5
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